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Hong Kong stocks move | Agriculture Sector rises broadly in early trading. The central government's No. 1 document first mentions new quality productivity in agriculture. Institutions say that the policy is expected to drive a rebound in the over-sold Sec
Agriculture stocks rose broadly in the morning session. As of the time of writing, SHIYUE DAOTIAN (09676) increased by 17.28%, reaching 6.65 HKD; CH MODERN D (01117) rose by 7.62%, reaching 1.13 HKD; DEKON AGR (02419) increased by 6.19%, reaching 30.9 HKD; COFCO JOYCOME (01610) rose by 6.57%, reaching 1.46 HKD.
COFCO Joycome Foods' (HKG:1610) Earnings Trajectory Could Turn Positive as the Stock Grows 7.6% This Past Week
Tianfeng: There may be no further reasons for continued pessimism in the spot market. Continuing to focus on recommending the Hog Farming Sector.
In summary, the Hog Farming Sector is at a valuation bottom with expectations differing, measured by cost leadership, capital supremacy, high growth in sales volume, and inexpensive valuations.
Thai Govt Introduces Measures To Improve Rice Prices
National Bureau of Statistics: In early February, the price of live pigs dropped by 3.8% compared to late January.
According to data released by the National Bureau of Statistics, monitoring of market prices for 50 major commodities in nine categories in the national circulation sector shows that in early February 2025, compared to late January, the prices of 21 products increased, 20 decreased, and 9 remained unchanged.
COFCO JOYCOME (01610.HK) received an increased Shareholding of 1.8 million shares from Ningquan Assets.
On February 13, according to the latest equity disclosure by the Stock Exchange, on February 7, 2025, COFCO JOYCOME (01610.HK) was increased by Shanghai Ningquan Asset Management Co., Ltd. by buying 1.8 million shares at an average price of HKD 1.35 per share, involving approximately HKD 2.43 million. After the shareholding increase, the latest number of shares held by Shanghai Ningquan Asset Management Co., Ltd. is 321,902,000 shares, and the shareholding ratio increases from 6.99% to 7.03%.
The Three-year Earnings Decline Is Not Helping COFCO Joycome Foods' (HKG:1610 Share Price, as Stock Falls Another 10% in Past Week
